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Seattle—It seemed inevitable: Nordstrom would expand into Canada, what with its relatively upbeat economy and 15,000 Nordstrom card holder already reside there. The company says it plans four new Canadian stores between 2014 and 2016 one apiece in Calgary, Vancouver, Ottawa and Toronto. A deal with real estate developer Cadillac …

Minneapolis—Although Target reported today higher second quarter sales as shopping traffic increased, the company’s profit was flat as costs increased ahead of its Canadian expansion. For the quarter ended July 30, Target posted net earnings of $704 million, or $1.06 a share, compared to $704 million, or $1.03 per share, …

Minneapolis—Target raised its full year forecast today after reporting better-than-expected first quarter profit and sales despite higher expenses from its Canadian expansion. For the quarter ended April 28, the mass merchant posted a 1.2% increase in its net profit to $697 million, or $1.04 a share, compared with $689 million, …

New York—Quebec jewelry designers are turning out extremely innovative pieces, as seen at the current exhibition at jewelry gallery Aaron Faber Gallery. “Innovation and Craftsmanship in Metal: Jewelry Artists of Quebec,” running through May 26, introduces visitors to the thought-provoking designs coming out of Canada’s largest, and only French-speaking province. “Contemporary …

Berwyn, PA—If this winter seems abnormally warm, this month is going down as the driest in 10 years with much below normal snowfall (save for Denver!). According to Planalytics, which tracks weather’s impact on business, in the United States, February 2012 was the warmest since 1999 and the driest since …

Minneapolis—Target today said it saw a decline in its fourth quarter profit due to more sluggish-than-expected holiday sales, but the mass merchant says sales are better so far this year. For the quarter ended Jan. 28, Target posted a 5.2% drop in its net income to $981 million, or $1.45 …

Long Island City, NY—Steve Madden is expanding again, northward this time. The footwear and accessories company said today it plans to buy all assets of the privately held Steve Madden Canada business for $29 million. The cash deal also includes Steve Madden Retail Canada, Pasa Agency Inc. and Gelati Imports …

Vancouver—Although Lululemon Athletica Inc. posted today a 51% increase in its third quarter profit and a 31% increase in sales, shares of the Canadian yoga wear retailer fell to their lowest point in three years in early trading. The company’s profits beat analysts’ estimates but its sales missed. That combined …

Framingham, MA—While TJX Cos. said warmer-than-usual temperatures may have chilled sales in its third quarter, the off price operator of T.J. Maxx and Marshalls reported Tuesday a 15% profit increase. For the quarter ended Oct. 29, the company reported net income of $406.49 million, or $1.06 a share, up from …

Minneapolis–Target confirmed Friday that it completed its lease deal with Zellers Inc., the Canadian retailer, and plans to open 125 to 135 stores in Canada beginning in 2013. For its first move outside U.S. soil, Target agreed to a $1.8 billion purchase for 105 Zellers store locations in January. Now …

Columbus, OH— Since it split from Limited Brands in 2007 and went public last year, Express has been building up its online and mobile presence. Now the specialty chain plans to open its first stores in Canada this month. Express, which operates more than 600 stores, plans to open six …

New York–J. Crew Group Inc. posted a second quarter loss as higher interest expenses from its move to go private cut into its comparable store sales. In March, J. Crew was acquired for $3 billion by a group of investors including private-equity firms TPG Capital, a former owner of J. …

Columbus, OH–Express Inc. raised its full-year profit forecast on Wednesday after booking better-than-expected sales and margins in the second quarter. For the quarter ended July 30, the specialty retailer reported net income fell to $2.2 million or 3 cents a share, after tax loss on extinguishment of debt. In the …

Chesapeake, VA–Dollar Tree Inc. said Thursday that its second quarter earning jumped 22% but gave a third quarter forecast below analysts’ expectations. For the quarter, Dollar Tree posted a net income of $94.9 million, or 77 cents a share, compared with $78 million, or 61 cents a share, a year …

Minneapolis—Reporting that back to school sales have picked up—along with an increase in more affluent shoppers–Target Corp. posted today a 3.7% increase in its second quarter profit. For the quarter ended July 30, Target reported a profit of $704 million, or $1.03 a share, up from $679 million, or 92 …

Coach Taps PepsiCo Executive as CFO New York–Coach named Jane Nielsen as its new executive vice president and chief financial officer, taking up the post in September. Nielsen joins from PepsiCo Inc, where she was senior vice president and chief financial officer of PepsiCo Beverages Americas and the Global Nutrition …

Vancouver–Luxurygoods brands Louis Vuitton and Burberry won record damages of $2.5 million Canadian (about $2.6 million) in a “landmark” counterfeiting and copyright case in Canada. The award from the country’s Federal Court included $1.4 million Canadian for Louis Vuitton and $1.1 million Canadian for co-plaintiffs Burberry Ltd. and Burberry Canada. …

Vancouver—Lululemon reported today better-than-expected quarterly results on its online and in-store sales strengthened. As a result, the yoga-oriented specialty store increased its second quarter and full-year forecasts. For the quarter ended May 1, the company posted income of $33.4 million, or 46 cents a share, up from year-ago profit of …

Minneapolis–Target Corp. reported today that its first quarter profit rose 2.7% as improvements in its credit card unit and share buybacks offset lackluster sales at retail. For the quarter ended April 30, Target posted a profit of $689 million, or 99 cents a share, up from $671 million, or 90 …

Minneapolis–Target Corporation is making its first foray outside the United States after agreeing a $1.83 billion deal to take over leases for up to 220 stores operated by discount chain Zellers, a subsidiary of Hudson’s Bay Co. The purchase will allow Target to begin opening its first stores in Canada …